Report - page 63

Finance & Economics

UBS Says About Current Condition of Japanese Market

Kelvin Tay, regional chief investment officer at UBS Global Wealth Management, said during a conversation with media representatives that currently going into the Japanese market in terms of symbolic comparison with other actions is similar to catching a falling knife.

News

Japanese Stocks Demonstrate Rapid Fall

On Monday, August 5, Japanese stock indexes showed a drop in price of such a scale that corresponds to the concept of historical losses and does not belong to the category of moderate decline, which is not critical.

News

UK Cancels $1.7 Billion of Computing Projects

In the United Kingdom, the local government has canceled computer infrastructure projects worth 1.3 billion pounds ($1.7 billion).

Finance & Economics

UK Banks Cut Costs

The largest local financial institutions in the United Kingdom have started to cut costs.

Science & Technology

Apple Revenue Tops Forecasts

Apple has released information about the results of its operations in the third fiscal quarter.

Science & Technology

Intel Shares Fall Amid Disappointing Earnings

Intel shares fell by 20% on Thursday, August 1, as a result of information about the financial performance of the company in the second quarter of 2024, which turned out to be worse than preliminary expectations, and the consequence of the statement by the management of the firm about its intention to lay off more […]

News

Amazon Reports Q2 Earnings

Amazon last Thursday, August 1, released information about the financial results of its operations in the second quarter of the current year.

News

US Unemployment Rate Demonstrates Growth

In July, a cooling was recorded in the United States labor market, which turned out to be more widespread than preliminary forecasts regarding the most likely dynamic of the state of affairs in the relevant space.

News

AMD Posts Revenue Rise

Advanced Micro Devices (AMD) has released information on its financial results for the second quarter of the current year.

Finance & Economics

Fed Holds Rates Unchanged

The Federal Reserve decided to keep interest rates at the same level on Wednesday, July 31, but at the same time opened the way for lowering the cost of borrowing at a meeting to be held in September.

Finance & Economics

UBS Sues Bank of America

UBS sued Bank of America for $200 million.

News

Crypto Segment Reverses Gender Pay Gap Trend: Pantera Capital Report

Women working in the crypto segment earn, on average, 15% more than men, comprising a larger proportion of mid-level and senior positions, representing what is called a reversed gender pay gap.

News

Fed Reportedly to Hold Rates

Federal Reserve officials are expected to move closer this week to cutting interest rates from the current levels, which are the highest in about 20 years, but at the same time will not make any specific decisions about lowering the cost of borrowing and will only signal a possible easing of monetary policy in September.

Fintech & Ecommerce

Stripe Buys Lemon Squeezy

Stripe has acquired Lemon Squeezy, a payment processing startup.

Science & Technology

OpenAI Launches Voice Assistant

OpenAI launches the long-awaited voice assistant for ChatGPT for a limited number of users.

Fintech & Ecommerce

Aveni Raises $14 Million

The fintech company Aveni, which is based in the United Kingdom, announced that it managed to raise investment funds for $14 million.